Readers' comments

Hi,
Bagehot. Striving for Harlow. A lack of imagination. Economists describe austerity as policies used by governments to reduce budget deficits during adverse economic conditions. The tool-kit include spending cuts, tax increases, unemployment demonstrating to creditors and credit rating agencies by bringing fiscal income closer to expenditure the governments are going by the book. In law the term “throw the book at” is used to charge or convict someone with as much as is possible. The British government may have to duck as the economic book could be thrown at them. The time for austerity is in a boom at which time the government just feed “Fat-Cats”. The prison cell of austerity is not the way out. As you say Mr. Osborne’s budget is dedicated to the hard-up middle classes, but it’s just them who are to blame. In Germany organization representing the middle class advertises on television that it is investing in Germany to keep the substance of the middle class not going the next tax haven as Mr. Osborne’s dedications. British investors should invest in Britain and British workers for a sustained return.

Boy o Boy has he just sat down with Beelzebub on this one, hoping that for some reason it will help create an economic shift?

Take the UK, assess the required costs associated with the required road infrastructure, water & chemical provision, acquisition, storage, distribution and available prime land mass and then tell me that the Math stack.

Scale down the US evidence for baseline calculations on economical, political, social and environmental orb.

As a footnote, Scotland & Wales, your house has just been re-mortgaged without your consent!

So, if simple naivety does exist in this incentivised Fracking proposal then Russell’s Paradox is apt, if not please educate me to the owner of the most criminal paradoxical ownership and I’ll cite that name in my next reference to George.

Very surprised to note that the Economist, of all papers, has not seized upon the outstanding feature of this Budget: the unleashing of a new credit bubble with its mortgage guarantee proposal. That, together with the abandonment of any pretence at inflation restraint, will become the central dynamic of economic performance between now and the general election.